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Optional Update


When you buy a new self managed superannuation fund from Townsends Lawyers you will receive an annual invitation to an optional update of the trust deed with the latest developments, ensuring that your deed is fully compliant and provides all the powers that the trustees need. The ATO has said on a number of occasions that funds must have the appropriate powers in their deed whenever they take any action, so don’t get caught out and risk non-compliance or a penalty notice.